Kolte Patil Developers suffers net loss stood of Rs 2.18 cr for Q4FY20

New Delhi: Pune-based Kolte Patil Developers Ltd’s consolidated net loss stood at Rs 2.18 crore for the fourth quarter of the fiscal 2019-20 as compared net profit of Rs 33.65 crore in the corresponding quarter of the previous fiscal.

The company’s consolidated revenue from operations jumped 12 percent to Rs 221 crore for the fourth quarter of the fiscal 2019-20 as compared to Rs 195 crore in the same quarter of the previous fiscal. .

The company’s consolidated net profit stood at Rs 99.77 crore for the entire fiscal 2019-20 as compared to Rs 99.73 crore in the previous fiscal. 

The company’s consolidated revenue from operations jumped 30 percent to Rs 1,129 crore for the entire fiscal 2019-20 as compared to Rs 865 crore for the previous fiscal.

The consolidated total expenses of the company jumped to Rs 234 crore in the fourth quarter of the 2019-20 fiscal as compared to Rs 154 crore in the corresponding quarter of the previous fiscal. The consolidated total expenses of the company jumped to Rs 992 crore in the 2019-20 fiscal as compared to Rs 725 crore in the previous fiscal, the company said in a regulatory filing.

 

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